Open AccessTriangular fuzzy numbers model with cost parameters
Author(s) -
P Vasanthi,
S Ranganayaki,
R. Kasthuri
Publication year - 2021
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1916/1/012124
Subject(s) - purchasing , fuzzy logic , sensitivity (control systems) , scope (computer science) , total cost , fuzzy number , holding cost , work (physics) , computer science , mathematical optimization , operations research , mathematics , fuzzy set , operations management , economics , engineering , microeconomics , artificial intelligence , mechanical engineering , electronic engineering , programming language
The scope of our research work is to analyzea purchasing model in which the uncontrolled variables are fuzzified. The fuzzy cost parameters are defuzzified and an optimal solution of the ordering quantity, maximum inventory and annual cost are estimated. Numerical example and sensitivity analysis has been done to explain the mathematical model.